Precious Metals mutual funds (gold, silver, PGMs) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Precious Metals mutual funds (gold, silver, PGMs)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Larry S. who wrote (740)	8/4/2003 6:25:33 PM
From: Larry S.	Read Replies (1) of 972

Dan, et al, I didn't see anything of direct significance to PMs in Barron's this week. But there was a lot about the drop in bonds and some support for the Kudlow view that it reflects confidence that the economy is picking up. My favorite economist argues ub his Economic Beat column that it is picking up. However, it sure looks to this observer that bonds market's fall was the result of GreenSCAM. Lease rates continued to support my view that BBs are leasing gold to sell into the market to suppress the price. However, I will agree that this does not make sense as it seems to be a losing effort. The GMI/POG ratio: On 07/31, the Barron's GMI was at 532.39, down from the previous week's 542.90. With the POG also down at 352.35 (08/01), the ratio was essentially unchanged at 1.51. A year ago the ratio was 1.22. Cheers, Larry

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next